Lightspeed Retail

Retail POS (formerly Vend) from $129/mo with strong inventory and 1.5% in-person processing.

Software/mo
$129-329/mo
Processing
1.5%
Hardware
iPad-based or retail terminal
Contract
Month-to-month or annual

Best for

Retailers with serious inventory and multi-store needs.

Pricing breakdown

Every fee we track, grouped by where it applies.

In-person payments

EFTPOS terminal and tap-to-pay transactions.

Setup fee
Free

Online payments

Online checkout and keyed-in card transactions.

Setup fee
Free

Contract terms

Contract length
Month-to-month or annual

Last verified 21 May 2026.

Strengths and trade-offs

Pros

  • Excellent inventory management
  • Integrated 1.5% card processing
  • 250+ integrations
  • Multi-store support

Cons

  • Higher monthly fee than free rivals
  • No table management (retail-only)
  • Best value at scale

About Lightspeed Retail

Lightspeed Retail (formerly Vend) is a cloud retail point-of-sale known for powerful inventory management. Plans run from $129 to $329 per month, with in-person card payments at 1.5% via Lightspeed Payments. It runs on iPad or a dedicated retail terminal and connects to 250+ tools including Xero, MYOB, Shopify, and WooCommerce. It suits single and multi-store retailers with deep stock needs.

Lightspeed Retail was founded in 2005 and is headquartered in Montreal, Canada.

How Lightspeed Retail compares

Side-by-side with the closest alternatives by estimated cost.

Based on $20,000/mo card volume (software plus processing; hardware excluded).

Lightspeed Retail

$429/mo est.

Software/mo
$129-329/mo
Processing rate
1.5%
Hardware
iPad-based or retail terminal
Contract
Month-to-month or annual
Industry
Retail
Est. monthly cost
$429/mo

Shopify POS

$406/mo est.

Software/mo
$56-575/mo
Processing rate
1.75%
Hardware
Card reader from $49
Contract
Month-to-month or annual
Industry
Retail (omnichannel)
Est. monthly cost
$406/mo

Square

$320/mo est.

Software/mo
$0/mo
Processing rate
1.6%
Hardware
From $65
Contract
Month-to-month (no lock-in)
Industry
Both
Est. monthly cost
$320/mo

POSApt

$320/mo est.

Software/mo
$0-99/mo
Processing rate
1.6% (free plan)
Hardware
From $770 (dual screen)
Contract
Month-to-month (no lock-in)
Industry
Both
Est. monthly cost
$320/mo

Common questions about Lightspeed Retail

The same questions Australian merchants ask before signing up.

  • Lightspeed Retail does not publish a standard rate in Australia. Pricing is quoted based on your business size, industry, and card mix. Request a quote on their site, or use our free fee calculator to compare against providers that do publish rates.

  • Lightspeed Retail does not require a lock-in contract for Australian merchants. You can switch providers at any time without an exit fee.

  • Lightspeed Retail settlement times are not publicly listed.

  • Lightspeed Retail AMEX pricing in Australia is not publicly listed. Ask their sales team whether AMEX acceptance and rates are included.

  • Lightspeed Retail does not advertise least-cost routing for Australian merchants. If you take a lot of contactless debit, compare against providers that do support it on our comparison page.

  • Lightspeed Retail is best suited to retailers with serious inventory and multi-store needs. To see how it stacks up for your specific volume and card mix, try our free fee calculator.

  • We may earn a commission when you click through to Lightspeed Retail and sign up, where a commercial arrangement is in place. This never affects ranking, the data we publish, or the comparisons we make on this page. Read our terms for the full picture.

We may earn a commission when you click through to a provider. This never affects ranking or data shown. Read our terms.

Compare Lightspeed Retail

Compare Lightspeed Retail against every other Australian provider on price, contract terms, and features.

Lightspeed Retail Fees and Review (POS Systems, Australia 2026) · MerchantCompare